- Fartcoin Sees Big Gains: The meme coin surged by 16% in one day, sparking speculation about another meme coin rally with the upcoming crypto summit.
- High-Risk Opportunity: Despite being down 92% from its all-time high, Fartcoin still holds significant mindshare, with traders like Unipcs and Altcoin Sherpa betting on a potential bull run.
- Growing Interest: Fartcoin leads meme coins with a 16.3% daily gain and ranks 5th in trading volume, boosted by a recent U.S. crypto reserve announcement including Solana.
FARTCOIN, one of Solana’s more… colorful meme coins, just had a wild 16% jump in a single day. The hype’s building, especially with the upcoming crypto summit around the corner. Traders are starting to wonder—could the meme coin market be gearing up for another massive rally?
What’s Happening Now?
So, what’s going on? Prominent trader Unipcs pointed out that while Fartcoin is still down a massive 92% from its all-time high of $2.7 billion last month, it’s not exactly out of the spotlight. It still holds strong in the meme coin game, catching attention.
This has got some traders buzzing. Unipcs, seeing it as a high-risk/high-reward situation, has taken a decent-sized position, banking on a potential bull run. Then, there’s Altcoin Sherpa, who agrees—mindshare is everything for meme coins. If Fartcoin can hold its current range and consolidate, it could set itself up for another surge.
Altcoin Sherpa tweeted: “I feel like FARTCOIN still has a lot of mindshare despite being down so much. I still have a bag and think this area’s good for consolidation/support. Let’s see what happens.”
Key Insights from the Experts
But, it doesn’t stop there. Cold Blooded Shiller said that if the 12-hour bullish divergence confirms, we might just see a serious bounce. Meanwhile, crypto trader Doc went all in, calling Fartcoin a leveraged play for the whole bull cycle. His bold take? “Being a bull = believing in Fartcoin.”
In a Wednesday post, ElonMoney highlighted Nansen data, showing that Fartcoin attracted the highest net inflow from “smart money” in the last 24 hours. Interesting, right?
source: X/ColdBloodedShiller
The Road Ahead for Fartcoin
What’s next? According to CoinGecko, Fartcoin is now leading the meme coin charge with 16.3% daily gains. It’s also sitting at #5 in trading volume, with a hefty $194.9 million, signaling that interest is definitely picking up. And, with Trump’s recent announcement about a U.S. crypto reserve—including Solana alongside heavyweights like Bitcoin, Ethereum, XRP, and Cardano—demand for Solana-based meme coins like Fartcoin could be on the rise. Who knows what’s coming next?